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12-member “super committee” has been formed

Newsletters/Alerts

9/8/2011

In accordance with the debt ceiling legislation (S365), a bipartisan, bicameral 12-member “super committee” has been formed to reach a consensus on a long-term deficit reduction plan. Members of the committee include:

With a demanding four months of work ahead, the “super committee” has an organizational meeting scheduled for today, with the first hearing on September 13th. There are a series of deadlines in place in October and November to ensure that recommendations are received and voted upon in a timely manner. Once the committee reports its proposals on December 2nd, both the House and Senate must vote on the recommendations by December 23rd.

We will continue to monitor any developments concerning deficit reduction. Please do not hesitate to contact us if we can be of additional assistance.